Economic Crisis in America and Europe & Crisis Oil Prices

Economic Crisis in America and Europe & Crisis Oil Prices Jim Rickards on Economic Crisis in America and Europe & Collapse Oil Prices Gerald Celente: The Next Financial Meltdown? WW3? Breakdown of Society?

When A Panic Starts No Amount Of Reserves Is Enough

Jim Rickards on Europe and the US economy 2015

The Bond Bubble

‘How many times have you heard the phrase “bond bubble” in the past three years?

‘It seems that every time you turn on financial television or go to a financial website, there’s an analyst warning you about a bond bubble about to burst. The commentary usually consists of the observation that “interest rates are near an all-time low” and “have nowhere to go but up.”

‘There’s not much more to the analysis than that. In fact, interest rates are near all-time highs and could drop significantly, setting off one of the greatest bond market rallies in history.’

- Jim Rickards via Money Morning

The Next Financial Collapse Will Come From Junk Bonds

‘The next financial collapse, already on our radar screen, will not come from hedge funds or home mortgages. It will come from junk bonds, especially energy-related and emerging-market corporate debt.

‘The Financial Times recently estimated that the total amount of energy-related corporate debt issued from 2009–2014 for exploration and development is over US$5 trillion. Meanwhile, the Bank for International Settlements recently estimated that the total amount of emerging-market dollar-denominated corporate debt is over US$9 trillion’.

- Source, Jim Rickards via Money Morning